Tag: Volvo

Car maker: unrest at Daimler: Management Board wants to merge financial organizations

Daimler headquarters in Stuttgart Of all things in the corona crisis, the chief financial officer unsettled his team with an organizational reorganization, according to the company. (Photo: AFP) Munich For Daimler– Chief Financial Officer Harald Wilhelm April 1, 2020 is a special date. Finally the former celebrated airbus-Manager at the beginning of the month not… Continue reading Car maker: unrest at Daimler: Management Board wants to merge financial organizations

@Geely: Geely Auto 2019 Financial Results Released Showing Revenue of 97.4 Billion and Increased Market Share

Geely Automobile Holding Ltd. (HK.0175) 2019 revenue reach 97.4B RMB Net profit reached 8.26B RMB with profit attributable to stockholders at 8.19B RMB Geely Auto continues to be the top selling Chinese auto brand for the third consecutive year with sales of 1.362 million units. Market share in 2019 increased from 6.2% to 6.5% Geely… Continue reading @Geely: Geely Auto 2019 Financial Results Released Showing Revenue of 97.4 Billion and Increased Market Share

Press Releases – UK trade deal: EU auto makers call for far-reaching agreement

Brussels, 6 April 2020 – The scale and ambition of the trade agreement that replaces the United Kingdom’s membership of the EU must reflect the deeply intertwined nature of the automotive sector, urges the European Automobile Manufacturers’ Association (ACEA). If not, this would not only severely damage the industry and the wider economy, but it… Continue reading Press Releases – UK trade deal: EU auto makers call for far-reaching agreement

Press Releases – Massive ramp-up of truck charging and re-fuelling infrastructure needed, new data reveals

Brussels, 3 April 2020 – The European Automobile Manufacturers’ Association (ACEA) has released new data on the number of charging points and re-fuelling stations required for zero- and low- emission trucks to meet the 2025 and 2030 CO2 targets. In terms of charging points for electric trucks, this means going from close to zero today… Continue reading Press Releases – Massive ramp-up of truck charging and re-fuelling infrastructure needed, new data reveals

Veoneer and Volvo Cars to Split Joint Venture to Pursue Separate ADAS and Autonomous Driving Strategies

STOCKHOLM, Sweden, April 2 , 2020 /PRNewswire/ — The automotive technology company Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), have following a strategic review, entered into a non-binding agreement with Volvo Cars to split their 50/50 joint venture Zenuity.   The parties have agreed in principle that Veoneer will integrate and operate the current… Continue reading Veoneer and Volvo Cars to Split Joint Venture to Pursue Separate ADAS and Autonomous Driving Strategies

Volvo’s app-based Valet maintenance service launches across the US

Sponsored Links Volvo Volvo has officially rolled out its pickup and delivery service for vehicles needing maintenance across the US. The automaker first introduced the service called Volvo Valet back in 2018 when it debuted a pilot program in California. It was the result of its Luxe acquisition in 2017, when it snapped up the… Continue reading Volvo’s app-based Valet maintenance service launches across the US

Volvo Cars in talks to reach emissions deal with California

A long exposure picture shows cars of Swedish automobile manufacturer Volvo displayed in front of a showroom of Stierli Automobile AG company in St. Erhard, Switzerland April 11, 2019. REUTERS/Arnd Wiegmann WASHINGTON (Reuters) – Swedish automaker Volvo Cars confirmed Tuesday it is in talks with California to reach a voluntary emissions agreement. Mary Nichols, who… Continue reading Volvo Cars in talks to reach emissions deal with California

Press Releases – COVID-19: Jobs of over 1.1 million EU automobile workers affected so far, data shows

Brussels, 31 March 2020 – The jobs of at least 1,110,107 Europeans working in automobile manufacturing are affected by factory shutdowns as a result of the COVID-19 crisis, according to data compiled by the European Automobile Manufacturers’ Association (ACEA). This figure only refers to those people directly employed by car, truck, van and bus manufacturers… Continue reading Press Releases – COVID-19: Jobs of over 1.1 million EU automobile workers affected so far, data shows